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December 18, 2024 |
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| Home > Small Business Lenders by State > Colorado Business Loan Sources > Denver, Business Loans > Premier Bank Denver Business Loans > Hotels And Motels Loan | ||||
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Banks in Colorado
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Getting an SBA Loan for Hotels and MotelsLooking for SBA loans for hotels and motels? The SBA may be the answer. This $330,000 hotels and motels loan was issued by a Colorado bank. This small business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Premier Bank, out of Denver, Colorado. The loan was granted and they received $330,000 to help grow their Fort Morgan, Colorado business. SBA Loan Borrower COMPANY TYPE: HOTELS AND MOTELS SBA Loan Lender PREMIER BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 721110 - Hotels and Motels Loan Approval Date 1/30/2002 Loan Approval Gross Amount $330,000 Loan Approval from the SBA Of the total $330,000 loan amount, the SBA guaranteed $247,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 2 employees. The loan application did not indicate that the business promised to use the money to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business Many small businesses receive loans backed by the U.S. Small Business Administration. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. About This SBA Loan Information: All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ. Related Links: Advice on Getting a Small Business Loan Getting an SBA Loan in Colorado
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